Skip to main content

About your Search

20130801
20130831
STATION
FBC 36
MSNBCW 33
CNNW 24
FOXNEWS 20
CNBC 19
MSNBC 16
CNN 11
KGO (ABC) 3
WMAR (ABC) 2
WRC (NBC) 1
LANGUAGE
English 202
Search Results 0 to 49 of about 202 (some duplicates have been removed)
to be like. also tonight the terrifying prospect that one result of the bankruptcy of the city of detroit could be the thousands of potential personal bankruptcies caused by the slashing of retirees' pensions. a full discussion on that is coming up. all that plus i am absolutely geeking out a little bit over what i think is the coolest car ever. the tesla. i will tell you why it's so cool but also why it's so important. >>> but tonight we begin with a man who i believe is the most dangerous politician on the american right. in october 2007 i sat in the media gallery of the united states supreme court and watched the solicitor general of texas argue on behalf of the state that he should have the ability to put to death a mexican national, jose, who had been convicted of raping and murdering two teenage girls in houston. he won that argument and he was executed by texas on august 5th, 2008, despite the objections of the united nations and the international court of justice. at the time, i had no idea who this man arguing on behalf of texas was. but all i could think was holy crap, this guy
has actually quietly just been won. it started right here on the banks of the detroit river in detroit, michigan, and yes, that is a giant nasty pile of something called pet coke. back in may "the new york times" highlighted what they described as a black mound of canadian oil waste rising over detroit. that oil waste is something called petroleum coke, a high sulfur, high carbon waste by-product of canadian oil sands. the petcoke that residents started spotting was put there by a company that owned it, a company call koch carbon, owned by the koch brothers. they started piling up all of this pet coke on banks of the detroit river before preparing to ship it off to other countries to be used as fuel. in addition to be a hideous eye sore, the pile also posed a potential health risk. we've got some video shot last month. look at this. look at that along the banks of the detroit river showing the black dust from the pet coke pile being kicked up in a storm that hit the area and just spreading everywhere. that black dust started blowing into nearby homes in detroit coming right through the
is the story with chicago? truly as bad as detroit or heading in that direction? >> economically not as bad a viable global city but their budget is a mess. $3 billion in taxes they collect, this year is the need to a $415 million for pensions and that is going to $1 billion in a year. this release the projection, that would be the third tax collection going in to pensions. this is something the state is mandating and they don't know how they can pay that. lori: you mentioned chicago economically in better shape. look at the baseball game where all those people to do a rod, more about that this afternoon but the underlying economy of chicago seems to have some growth potential. >> the economy there is okay and. nobody is really flying in this economy but here is the point, has not been economically declining of the way detroit is but their pension obligations are, their pension system is in worse shape than detroit's, detroit's system is considered an argument how well funded it is but they have four pension systems in chicago, one of them is only 25% funded and the other one is only 38% fu
followers by saying what he said.ing w now this man is a kreetan. i don't have much use for him. >> detroit is going bankrupt. obama said that he saved detroit.s we played it more than a few time here. he was running on that 50 years of democratic rule. the real cause of nbc is the parasites, the conservatives are the real villains in detroit's bankruptcy. >> conservatives are using the most insulting language possible that they can come up with to blame unions, blame black people, blame their culture for detroit's troubles.esup the real parasites are their conservative ideals that are coming from state government an from the feds. your tax dollars went to save the financial sector in this country.govern will your tax dollars go to s. float a loan to the people and e the workers of detroit to rebuild their communities?financ hell, no. dollar big banks are the real parasitep of detroit and the people are the victims in this. deir union busting is the real parasite.banks ar conservative policies which p helped businesses out for yearsi are now saying, nay, we don't want to fund public educat
will take a look at the details. >>> detroit may be the biggest u.s. city to ever declare bankruptcy. as it tries to fight its way back from a full-on collapse seems like the motor city's woes could have a major impact on other cities across the as we 9 embassies and consulate that were closed as a result of an al qaeda terror threat will reopen tomorrow, we will take a look at what motivated the change and what this means for an apparently ongoing threat. >> they had the capacity to go after our embassies. they have the capacity potentially to go after our businesses. they had the capacity to be destabilizing and disruptive in countries where the security apparatus are weak. i should definitely do laundry more often. yeah. by the time i do there's all these mystery stains. i mean is it coffee? could be gravy. yeah. so now i u tide boost with my tide. it's double powerful for when things get doubliffy. [ female announcer ] together, tide and tide boost double your power against stains that's my tide. first wait till summer. then get the cars ready. now add the dodge part. ♪ the do
bomb. >> new york city's mayor michael bloomberg says detroit's financial disaster should serve as a warning to all u.s. cities. >> the banks want to pick the bones clean. >> cuts will go into the bone the next time. cuts to police and fire, sanitation, economic development. >> the state of our city has never been stronger. >> what's the matter? >> i'm confused. >> forget about it. >> i don't think there's any mystery about what will happen next. >> the point is, ladies and gentlemen, that greed for lack of a better word, is good. >> when does the greed stop? >> big banks are the real parasites. >> i know which is right for new york. >> good to have you with us. thanks for watching "the ed show." if you have been watching this program over the last month, you know that i have paid a great deal of tang to what is going on in the city of detroit. because i have put out a narrative and now it is being played out by the biggest mayor in america. that there is going to be a template by conservative elected leaders, governors, mayors, when it comes the dealing with obligations, and of
the battle over detroit's books. unions say detroit city was too quick to file bankruptcy. who will win? we'll check in on the math. that is coming up with ashley webster who joins me the next hour of fox business. please don't miss it. my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing whilsleeping; and blood clots in t
attack on a flight that was going from amsterdam to detroit, and a president was vacationing in hawaii and it took him days to make an announcement about that? >> hang on. one at a time. listen, please, christie, we have to go one at a time, our audience wants to hear from both of you. let me go to the president today in phoenix, we repeated phony scandals, while we play this, think of four dead americans in benghazi, people that were targeted by the irs because of their political views, and ask you -- think of brian terry who lost his life. are these really phony scandals? here's the president again. >> unfortunately for the last year or so, we've had an endless parade of distractions and political posturing and phony scandals that shift focus away from what do we need to do to shore up middle class families and create ladders of opportunities for folks to get in the middle class. and as washington heads toward another budget debate, the stakes could not be higher. >> is that a phony scandal for those four people, five people, if you include brian terry? >> the majority of americans t
that route, you have more rid lin described. >> another big business. >> doc, before we go, a detroit area doctor, of course, detroit, charged with cheating the government out of tens of millions of dollars deliberately misdiagnosing patients with cancer and illegally billing them for treatment. >> oh, my god, if it's true, let me tell you something, it's a big business. oncologists prescribe their own chemotherapy, making loot, medicare is cracking down on that, no longer going to be available to do that. this guy apparently, the clinics made $35 million in two years, 24 until many medication. one guy fell, hit the head, and told you have to have chemo before going to the hospital. the parties didn't even have cancer. if this is true, it's a real black mark on the medical profession. >> a guy like this, through him under the prison. no parole, nothing. this is just -- i mean, -- >> disgusting. absolutely. >> great foppics, appreciate it, thanks. record number of americans on food stamps. you knew that. what are your taxpayer dollars paying for? try sushi, lobster for this guy. >> wake up,
a lawsuit in court. that is my guess. charles: take it away. not happy with the detroit bankruptcy filing. they need to speak up today or hold their peace. holding back financial aid to egypt. do we need to cut off all of the money going to that country? a raspberry instead of blackberry. the movie about steve jobs came in second at the box office over the weekend. listen to this. some wood off to lease themselves rather than till death do us part. ♪ connell: off to a good start. raspberry instead of apple. we have to rush to the news here. dagen: eckerd over the weekend. we have it all covered. connell: first the markets. last week was a rough week for stock markets. >> the dow was down 2.1% last week. the worst week for the dow and more than a year. they spoke in apple shares. it is kind of casting over the market a little bit. retail continues a little bit. they reported their numbers for the quarter. very convenient that dollar general got an upgrade today. that stock is up. dagen: deadline day today in detroit. connell: let's bring in jason riley. they are saying is detroit really
points lower than june. detroit emergency manager apologizing after calling some of the city residents those names. and the nfl hit with another concussion lawsuit. 83 former players led by pro-bowlers. they say they are suffering long-term effects from brain injuries sustained during their playing days. and we're watching the market this hour of "markets now." ♪ connell: those headlines show you there is a lot going on-9 today. we will get to the mess in egypt in just a moment, but first, our market today with the selloff, seeing the biggest decline in a couple of months. nicole petallides starts us off on the floor of the new york stock exchange. nicole: you are absolutely right. the lowest point, the biggest move to the downside since june 20. down about 1.5% right now. back on june 20 the dow dropped over 2%, this is the biggest moving percentage terms since that time. you have a couple of names that are weighing on the do dow jones industrial, better-than-expected economic news. walmart and kohls are two names we are following closely. as well as cisco systems. walmart higher p
stepping in to help reorganize detroit? i think it's a hell of an idea. i think they ought to do it. we saved the automobile with a loan the same thing can be done with the city of detroit. i do not like what's happening in detroit as far as all the privatization and the gutting of peep's jobs and public services. i mean, basically what has happened in detroit is that a local election has been said, you know, you really don't count. we're going to put in an emergency manager and forget it. it's over. is that america? i don't think so. i think the federal government should write a check to detroit. i think the federal government should do those kinds of things to all municipalities having trouble. why not? it's in our country. and it can get paid back. i believe in workers, i believe that detroit can turn it around. our next question is from anita. why are the gop -- why is the gop talking impeachment when president obama has done nothing wrong because they have nothing else. and they do believe they can ginn up enough fear and enough enthusiasm to get people to believe this is something
. is chicago the next detroit? we raise this question before, why the problems plaguing the windy city could lead down the exact same road. ♪ with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens, and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. [ male announcer one pill each morning 24 hours. zero heartburn. do you min grabbing my phone and opening the capitaone purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it
, of course, his appeal. the biggest names on the list of 12, as you call it, jhonny peralta of the detroit tigers, that's big. the starting shortstop for the tigers. and, by the way, they are leading the a.l. central leader. nelson cruz, all-star player for the texas rangers. but everybody trumped by alex rodriguez, highest paid player in major league baseball, suspended for all of this year and next year. still owed $86 million by the yankees in the remainder of his contract, and what makes this story have a little more sizzle on this day, is the yankees are playing in chicago this evening. a. rod is expected to take the field for the yankees unless we hear otherwise this evening in chicago. we'll have more on this story for the remainder -- throughout the remainder of this program and the "closing bell" at 4:00. but let's get back to our discussion with the market guests, as we focus on this monday in august on wall street. again, josh brown was with us, as is rick santelli, kyle harrington, and anton bear from up capital. anton, to you, what do you make of where we are in the market? wh
in the detroit bankruptcy story. we have that and other headlines of the day just ahead on "the kudlow report." please stay with us. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." and then another. and another. and if you do it. and your friends do it. and their friends do it... soon we'll
to take advantage of that. today, the final day for organizations to file objections to detroit's bankruptcy filings. they must find that the city is insolvent and has negotiated in good place with creditors. if detroit is deemed eligible, it will be the biggest case in u.s. history. lori: in the meantime, president obama getting back to business. meeting with financial regulators about implementing dodd-frank peter barnes has the very latest. peter: that is just one of the latest things he has on his plate. very busy with things like egypt and syria. the president would like to keep the focus on jobs and the economy. foreign-policy issues may not let him do that. he goes on a two were later this week. congress is out on its regular august recess. he has a megaphone right now and he needs to use it while he can. >> every president in their second term, lame ducks get closer every day. the president is walking a fine line of where he is in that timeline. peter: the end of the fiscal year is september 30. they have not worked out a deal to fund the government. they are looking at
a little tiresome. it hasn't worked for four years. think detroit. >> thinking detroit, we're going to take up that issue later here in the brocast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their taxpayers to pay for cities andtates that didn't do anything to take care themselves. not happening. >> and let's turn now to immigration. word out today, breitbart.com reporting they have corroborating sources s
. >>> all right. when we come back, four more cities go bust like detroit, is it time to take on pensions like the private sector is doing right now. >>> but first, stop the presses, the billionaire founder of amazon is buying a big newspaper. why another billionaire ventured into the exact same business is saying he has no idea what he's getting into. daily specials. saturday, the commander hub style blind and the big game stealth deluxe ladder stand are under $80 each. bass pro shops. your adventure starts here. his dad knows he's not. that's why dad got allstate accident forgiveness. it starts the day you sign up. [ female announcer ] with accident forgiveness from allstate, your rates won't go up just because of an accident, even if it's your fault. call 866-735-9100 now. kim and james are what you might call...overly protective. especially behind the wheel. nothing wrong with that. in fact, allstate gives them a bonus twice a year -- for being safe drivers. [ female announcer ] get two safe driving bonus checks a year for driving safely. switch to allstate today! call an allstate age
. in detroit -- what a show. >> it's where capitalism, pop culture, first amendment, politics all come together. sometimes there's a moment of clarity. that was that moment. >> i'm holding my script close to my face because i'm legal live blind and my contacts don't work right now. in detroit a police commander has mistakenly released a document -- >> oh, come on! come on! look at this. >> i'm going to the merger. go ahead. >> the police department has mistakenly released a document containing the bra size of several female officers in an of the to say who has received bullet-proof vests. come on. come on! >> now back to you. >> hello, san diego. >> hello, san diego. >> all right, we're going to -- >> i have to ask the question because i'm a journalist. >> are you? >> it's a vest. female vest. >> i regret all of this. >> i would like to go back to 6 a.m. east coast and rerack the tape. >> we also want to talk about possible fed choices and the obama care story. >> industry officials are surprised of the move that would prevent the creation of the world's largest airline. nbc's tom costello repo
being good for the communities that is the plants that depend on carmakers, detroit. what does it mean to detroit? >> this is tough, tough, tough for detroit. the manufacturing jobs in detroit have disappeared. back in the 50's 300,000 manufacturing jobs. last year, 27,000 jobs. those jobs have dispersed all over the united states and some are replaced by computers. the jobs are not coming back. detroit used to have a population of 1.85 million people. now they barely hit 700,000. this is a city that has been in decline for 60 years. tough times. >> heather: will the trend continue in 2014? for car sals, in general. >> guest: car sales can remain a recovery story because of pent up demand and the very old cars on the road. i don't thing we will suddenly see 25 million cars being sold. >> heather: not good news know detroit. 300,000 manufacturing jobs and down to 27,000. we appreciate you joining us. do you remember your first car in mine was a 64corvair. >> gregg: i had a mercury colony park used. it was wasn't a model t. >> the fight for the soul of the republican party with new jerse
and a few thought detroit was the exception think again, we are talking trillions of dollars of debt ended all comes down to public workers' pension. alex rodriguez will still take the field, he can think unions and collective bargaining and youth unemployment, don't worry, you can stay home with mom and dad. all that and more on a fresh hour of "varney and company". let's check the big board. we have been down 56 points. one of our big things today, the question is profits, can they keep pace with stock prices. liz: the bulls are seeing corporate earnings have to pick up steam for the market to charge even higher, we are looking on track for 4.7% growth in the second quarter and analysts expect 4.8% profit growth in the third quarter, ten.7 in the fourth. peaceably like we have seen in june, the june swoon the past three summers we see a juice. you can see a solution we are not seeing it yet, the market is up 1% for august. charles: i got to tell you so the audience knows, not manufacturing data from the service part of the economy which is obviously the overwhelming part, 56, the street
. thanks for having me on. >> so let's fire up the first one. this is ed schultz who blame the detroit bankruptcy on republican promises and lies. let's hear it. >> republican promises and lies were at the core of the destruction of detroit. you have to admit that outsourcing and laying money offshore and not paying taxes, that's a republican thing. >> so no republican governance at all in that city since 1961. one republican councilmember, same congressman, john dingle for 57 years, since he was 29. tax and spend policies. city pensions, benefits handed out, the largest chunk, and it is all the republicans. >> really? that's an old progressive trick which is to blame the federal government or reagan or some long lost republican administration for what is happening locally as though local leaders have no responsibility. they've done that in other places. not just detroit. talked to people in oakland. do they blame who they've elected in oakland? no. they've blamed someone else, somewhere else. republicans are an easy target. >> let's go. and i jokingly said it. liz cheney, the daughter
to avoid a detroit. >> i hea teachers accused of horrible things, they can't get fired, they have to set in a rubber room, i would fire them, let them sue me if i broke the contct, let them sue me for getting a child molest o molestf the city payroll, i am prepared to deal with that, there is hardly a politician today that could get elected without having to make a promise. neil: look at new york, one of the priest teen cities in -- pristine cities, this is the best we could do for candidate >> i agree. neil: so why condition guys like -- can't guys like you, bloomberg said i don't like the way it is going, why not you? >> i am a private person, i am doing this interview, i have turned down a lot. neil: i know, i appreciate it. >> i don't like going on television. >> you are good at it. >> i don't know about that. i want my private life, i don't want to be out in the public. neil: it is a hassle, that is the problem. >> i would love to be. neil: i talked with a lot of successful guys they say look at stuff theyel any on and focus on --el any onel dwell on. >> i would love to be mayor if
? detroit, you got company, and unions, i think you peace of mind is important when you're running a business. century link provides reliable it services like multi-layered security solution to keep your information safe & secure. century link. your link with what's next. 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far behind, city wants to crackdown on union benefits now way out of line, so out of line that city fears without the filing it will be finished, michelle fieldses said better to cramp down on unions now for their own sake as well as taxpayers sake. stuart acuff disagrees and said that the workers were promised their pensions, michelle, you think they have to do this now. >> any decision that takes power away from the union is a good decision, san bernardino was originally i middle class nice area, has turned into tons of foreclosures, and tons of poverty, the reason has to do with unions they got involved in the city council elections they put tons of money to ensure that union-backed piticians got elected and made s
, thank you katherine? detroit, you got company, and unions, i think you have trouble. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall clnt experience." 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far behind, city wants to crackdown on union benefits now way out of line, so out of line that city fears without the filing it will be finished, michelle fieldses said better to cramp down on unions now for their own sake as well as taxpayers sake. stuart acuff disagrees and said that the workers were promised their pensions, michelle, you think they have to do this now. >> any decision that takes power away from the union is a good decision, san bernardino was originally i middle class nice area, has turned into tons of foreclosures, and tons of poverty, the reason has to do with unions they
. in detroit, it's speak now or forever hold your peace. today is the deadline for written objections to detroit's bankruptcy filing. wdiv's rod maloney is in the motor city with what's on the line. rod, good to have you. >> reporter: thank you, maria. i'm glad to be here. you know, it's one of the things where tonight at midnight, anybody who objects to the bankruptcy filing by the city has to do that. so, in fact, this morning, a large group of detroiters got together out in front of the bankruptcy court here, from the national action network, reverend al sharpton organization, and they started out filling paperwork and submitted it to the bankruptcy court today. it showed up in the filing. along with them were a lot of other creditors looking to try and derail this process. and what many people don't understand about municipal bankruptcy is that you can't just file and then you are in bankruptcy. it is a qualification process. and so, what they're doing here is they're making their objections known to the judge, telling him that they don't think this is a right or constitutional pr
on a merger and our muni guys. in 7 1/2 minutes we'll talk to new jersey, illinois, and detroit. you don't want to miss this one. - tdd#: 1-800-345-2550 playing this and trading. tdd#: 1-800-345-2550 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which means i get schwab's most advanced tools tdd#: 1-800-345-2550 on whatever computer i'm on. tdd#: 1-800-345-2550 it's really taken my trading to the next level. tdd#: 1-800-345-2550 i've also got a dedicated team of schwab trading specialists. tdd#: 1-800-345-2550 they helped me set up my platform the way i wanted, tdd#: 1-800-345-2550 from the comfort of my home. tdd#: 1-800-345-2550 and we talked about ideas and strategies, one on one! tdd#: 1-800-34
like babe ruth? >> voters in detroit head to the polls today to whittle down the little of mayoral candidates. they caution ruls may not be known for weeks because of several write-in campaigns. >>> chelsea clinton is leaving the door open for future political ambitions. while working for the clinton foundation in africa, she said following her parent's footsteps is still an option for her. >> i hear my grandmother's voice in my head every day. life is not what happens to you but what you do with what happens to you. i led a private life for a long time. and i'm atemed to leading a purposely public life. >>> and mark zuckerberg is calling for immigration reform. students will be tomorrow's s p entrepreneurs. >>> a water park in texas has found a really inventive way to keep their patrons cool. look at that. they created an ice dump where staff dumped a full ton, 2,000 pounds of ice on to swimmer. >> they are chanting "we want ice reques ice." >> let's take a look. the problems out there this morning is in missouri. we have flash flooding that's in mostly rural sections of missouri
, cabrera doesn't strike out on that one. detroit has a one-run lead on that bomb. this goes extras. top 14. prince fielder, two-run double. detroit gets the win. that is 11 in a row. >>> using one of fan crashes sporting events, kind of annoying. it's kind of funny. last night in miami, renaldo led in the championship. he had two goals. an overzealous fan runs on to the field. okay, he was wearing a renaldo jersey. all right. maybe that's why the soccer star does this. i don't know what he is saying. but i mean they're hugging. usually it's like maybe a little light touch. then he gets tackled. he must have said something to him that really got him. that's like a full 15 second bro hug. he's like listen, i won't get you beat up. you need to leave. >> yeah. >> i don't know. maybe it's soccer. with us, that gets a hard takedown and a few punches in the ribs. >> yeah, we've seen bad reaction from soccer players before. renaldo gets like big thumbs up for that, i guess. >> that may be they're long lost cousins. >> i wish i was his cousin. that is crazy stuff. oh, well. talk about what happened
it was cheap. land in detroit right now is cheap. you can buy a house there if you want, but no one wants to right now. all right. so go elsewhere. >> all right. is part of the solution credit? >> i thought that was how we developed alaska, incentivizing people out there. but the government's had a role of developing this country. the private sector is strong enough now to handle the for profit housing market. there is a way to make money from a lot. there's all of these funds that are buying dilapidated properties. however, when you have a situation that's uneconomic where there is no free market solution, that's when it becomes the role of government. when you've got a house that's dilapidated, it's not going to go away if it's worth nothing like in detroit, for example. otherwise it's like a manmade disaster like a dust bowl. we have to fix up our own mistakes we made. >> okay. john, you've heard it all. >> frannie and freddie are going away, why aren't you celebrating? >> i was just in france, and, believe me, they like texan wearing cowboy boots as much as i like them right now. we'r
: i have to ask you about detroit your city -- company is fond of the city you have a bright shiny new buildings so what does detroite do to make it out of the bankruptcy? >> there's been a lot of great things happening and we have been involved with that over the last two or three years to invest in the city. prate investment is tt the all-time high. that is certainly difficult but it is long overdue that this happened so we have to address the problems of this city in the bankruptcy is difficult but it is giving us the opportunity to deal with legacy issues to come out the other side. we have to get through the bankruptcy process and that will take ti but as we look at this we're bullish on the saight that they have great balance and great infrastructure to have our renaissance like it deserves gerri: great's information we appreciate you coming on. , back. >> my pleasure. i am happy to come back. gerri: a lot still to come how to turn your part-time job into full-time and the theyre sending college but what about loans for day care? i am not kidding. we will talk about it. next. ger
is controversial. it won't stop detroit. the policy let's officers stop and search people if they have a reasonable suspicion of either committing a crime or the suspect is about to commit a crime. >> critics say it unfairly targets minorities. detroit police department says it is not racial profiling just officers doing good constitutional police work. new york city is appealing the judge's ruling. >> bad news for job seekers. unemployment rate rose in most states last month. we have a live report on that and all of your other top business story res. >> unemployment is up in washington, d.c. showing job growth is weak despite a drop in national jobless claim rates last week at a 6 year low. they saw the biggest he increase by 3 tenths of one percent. only mississippi had a decline from 9 percent down to 8.5 percent. unemployment fell in 8 states and was unchanged in 14 states. in seattle considering raising their minimum wage to $15 an hour. the state has the heist minimum rate at $9.19 an hour. the mayoral candidates say they will consider this. it may make it more difficult for major rekalers to
of a financial crisis in the president's hometown going the way as detroit. >> could chicago fall victim to the same problems that caused the biggest municipal bankruptcy in u.s. history. >> how a predator from africa made its way in a family's apartment. >> one major provider telling folks that their coverage will be dropped as a direct result. we'll be right back. if you like your doctor, you will be able to keep your doctor, period. (applause) >> if you like your health care plan, you will be able to keep your health care plan, period. [ man ] look how beautiful it is. ♪ honey, we need to talk. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of w
on the wall. first detroit, next chicago? a billion dollar budget shortfall by 2015. what's next for chicago? we'll deal with them next. ♪ announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i n always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." >> this is a very low volume wednesday in the first part of august and the market is down 57 points. how about the price of gold? fell below he 1300 recently and still below 1300. 1283 is the quote now. dead flat. look at disney. it is the biggest loser on the dow, why? well, losses from its flop film. lone ranger is hurting them. plus, disney is coming off a high and it's down near 3%. i've got troubling news on chicago's financial problems, the city is predicting a $1 billion shortfall by 2015. john tillman from the illinois policy
at the rise of twit we are the company's co-founder in just a couple minutes. >>> plus, is the detroit bankruptcy just the beginning? we'll take a look at state and local governments to see who might be the next bankruptcy and where it might be coming. is your city next? >>> first up, as we told you a few moments ago, the president cancelling a summit with vl vladimir putin over the treatment of edward snowden. eamon javers is live in washington with the latest. >> carl, just within the past few minutes or so, the white house has put out a statement saying that the president now that he's got some time to kill while he's over in europe is going to visit sweden which the white house calls a close friend and partner and obvious jab at russia. the white house saying this morning that the president is not going to participate in this planned summit with vladimir putin, the russian president. he is, however, going to go to the g-20, that's in st. petersburg, russia. he's not going to have that moscow meeting with put putin, however. among the reasons was the decision to give edward snowden
Search Results 0 to 49 of about 202 (some duplicates have been removed)